The cybersecurity industry experienced a dramatic drop-off in funding, stock prices and M&A activity as the economic downturn took hold in late 2022. Venture capital financing tumbled to $18.5 billion in 2022, 39% lower than the record-breaking $30.4 billion invested in 2021, Momentum Cyber found.
Endpoint detection and response is a great defense - but not entirely enough to protect all data in the event of a devastating cyberattack. Enter endpoint backups, which provide extra levels of resiliency, recovery and compliance, says Mason Swenson of CrashPlan.
The aim of AI in EDR solutions is to streamline the process to ensure humans are able to consume and understand the data in order to respond well, says Serge Woon, worldwide tech sales leader and co-founder at ReaQta, part of IBM. In this roundtable preview, he explains why AI is so crucial to EDR.
Trellix will debut a console that offers endpoint, security operations and data protection capabilities and a plug-in for network detection and response. The company has moved FireEye's best-in-class detection engines to the cloud for NDR and examined how to address areas such as packet capture.
Cybereason has gone all-in on helping customers mitigate threats beyond the endpoint to minimize the impact of ongoing SOC staffing challenges, CEO Lior Div says. The company's focus on tracking and following malicious operations sets Cybereason's approach to XDR apart from rivals.
Rackspace says the ransomware-wielding attackers who disrupted its hosted Microsoft Exchange Server environment last month wielded a zero-day exploit, described by CrowdStrike as being "a previously undisclosed exploit method for Exchange," to gain remote, direct access to servers it hosted.
SentinelOne plans to go after more Fortune 500 and Global 2000 organizations as the economic downturn prompts customers to shrink the size of their purchases. Over the past year, the company doubled the number of clients spending at least $100,000 and $1 million with SentinelOne annually.
Cybereason has carried out another round of layoffs, axing 200 workers just days after a report that the endpoint security vendor is pursuing a sale. The company plans to reduce its staff by 17% - or 200 employees - less than five months after laying off 10% of its workforce.
Cybereason has abandoned its IPO plans altogether and hired JPMorgan Chase to find a buyer, The Information reported Friday. Why is Cybereason no longer poised to make it to the IPO Promised Land? An unfavorable competitive environment and a muddled go-to-market strategy provide some clues.
Hacking capabilities once reserved for nation-states are filtering down to the level of crimeware, warns Kaspersky researcher Sergey Lozhkin. Darknet forums are filled with self-taught hackers selling advanced capabilities for a good price, he says.
Hackers may shift malware attacks into technical environments beyond the reach of endpoint detection and response, says Mandiant. The threat intel firm says it uncovered a novel malware family targeting VMware hypervisors and virtual machine appliances.
Identity protection, XDR, data analytics and cloud security have been SentinelOne's biggest investment areas, says CEO Tomer Weingarten. Cloud has become the fastest-growing part of SentinelOne's business, appealing even to customers who might have chosen a different vendor for endpoint security.
SentinelOne is taking on top rival CrowdStrike in the venture arena, unveiling a $100 million fund to support security and data startups of all sizes. S Ventures will give the company broader reach in adjacent markets and enable high-value integrations that can grow over time.
Beleaguered spyware vendor NSO Group is attempting to reboot its corporate image by pledging to only sell its wares to NATO member countries, lay off 10% of its workforce and replace its CEO, as it seeks a buyer. But the company, which remains blacklisted by the U.S., faces an uphill battle.
While Managed EDR can help in many endpoint scenarios, it’s important to be aware that going beyond the endpoint allows MDR and extended detection and response (XDR) to offer broader cybersecurity coverage.
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